Collectors Universe, parent company of PSA and PSA/DNA has paid it's shareholders an .08 dividend per share this quarter.
From the company PR Dept:
|Collectors Universe Declares Regular Quarterly Cash Dividend of $0.08 per Common Share|
NEWPORT BEACH, Calif., Aug. 16 /PRNewswire-FirstCall/ -- Collectors Universe, Inc. (Nasdaq: CLCT), a leading provider of value-added authentication and grading services to dealers and collectors of high-value collectibles and diamonds, today announced that, pursuant to its previously adopted dividend policy, the Board of Directors has declared the Company's regular quarterly cash dividend of $0.08 per share of common stock for the first quarter of fiscal 2007. The cash dividend will be paid on September 12, 2006 to stockholders of record on August 29, 2006. "This is the second in our series of quarterly dividends and represents a continuation of our commitment to enhancing stockholder value," said Michael R. Haynes, Chief Executive Officer. "By returning some of the cash flow generated by our business to our stockholders, we are demonstrating our confidence in our strong balance sheet and our optimism about the Company's financial performance and its future growth prospects." The Board of Directors' dividend policy provides for the payment of an expected total annual cash dividend of $0.32 per common share, payable in the amount of $0.08 per share per quarter. The declaration of future cash dividends, pursuant to the Company's dividend policy, is subject to final determination each quarter by the Board of Directors based on a number of factors, including the Company's financial performance and its available cash resources, its cash requirements and alternative uses of cash that the Board may conclude would represent an opportunity to generate a greater return on investment for the Company. For these reasons, as well as others, there can be no assurance that dividends in the future will be equal or similar in amount to the amounts described in this press release or that the Board of Directors will not decide to suspend or discontinue the payment of cash dividends in the future. About Collectors Universe Collectors Universe, Inc. is a leading provider of value added services to the high-value collectibles and diamond markets. The Company authenticates and grades collectible coins, sports cards, autographs, stamps currency and diamonds. The Company also compiles and publishes authoritative information about United States and world coins, collectible sports cards and sports memorabilia, collectible stamps and diamonds. This information is accessible to collectors and dealers at the Company's web site, http://www.collectors.com, and is also published in print.